Denver Nuggets and Colorado Rapids owner Stan Kroenke will be appointed to Arsenal's board Thursday, report Gary Jacob and Tom Dart. Billionaire Kroenke, who owns a 12.38 per cent share in the north London team, has been tipped for the appointment ever since Russian-Uzbek oligarch Alisher Usmanov amassed a shareholding of 24.9 per cent. Rumors that Kroenke will be given the title Executive of the Lesser of Two Evils are false.